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Newly Established Convenience Store Investment Opportunity in Port Moresby, Papua New Guinea

Startup operating in the commodities retail and wholesale sector, seeking investment to scale operations.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 4.3 thousand
EBITDA Margin Nil
Industries Convenience Stores
Locations  Port Moresby
Local Time 7:26 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 19.3 thousand for 25.0% stake (Native Currency: PGK 80,000)
Reason: Seeking funding to establish a retail shop and procure more inventory.
Includes physical assets worth USD 24 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- The startup operates in the retail and wholesale sector, focusing on commodities, basic tools, and supplies for both home and professional use.
- Most of the products are locally sourced.
- A few commodities are imported from Indonesia.
- By leveraging strong relationships with local vendors and manufacturers, the business ensures a consistent and reliable supply chain.
- The business is also planning to expand its operations to poultry at a later stage.
- The retail store is currently under development.
- The company is registered with the Investment Promotion Authority of Papua New Guinea.
- The business has started operations about a month ago and requires 3 permanent employees to run the business operations for procurement, marketing and logistics.
Products & Services Overview
The business offers retail and wholesale of commodities such as packaged food, tools, and supplies such as paints and basic equipment for both home and professional use.
Customers include homeowners and local small business owners.
Assets Overview
Physical assets include the land owned to set up the business.
Facilities Overview
Own land of 10x20 sqm to set up the business, located in Mile Moitaka Ridge, Port Moresby.
Capitalization Overview
Self-funded.
No outstanding loans.
There is 1 owner in the business.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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